With the April tax deadline fast approaching, Americans start to realize we maybe should have made additional charitable gifts in 2016 to receive a more robust tax deduction. The good news is, with a little planning, you can turn that realization into next year’s reality. It’s never too early to plan ways to maximize the impact of your charitable gifts and achieve a favorable tax outcome for 2017 at the same time.
With “bunching,” you make 2-3 years’ worth of charitable contributions in a single tax year. The goal is to exceed the standard deduction that year and itemize instead. Then, during the years you don’t give to charity, you take the standard deduction.
A single parent, Maria Sinchi, 26, didn’t know how much support the Church offers single mothers and children through various nonprofits. “It’s really nice and empowering and just encouraging to us to know that these resources are available,” said Sinchi, a parishioner of St. Stephen in Minneapolis. “It’s really cool what these women are doing.” Sinchi and more than 90 other people heard from five female panelists March 12 about…
We’re delighted to announce Christopher Nelson as our new Vice President of Development and Donor Engagement. He will lead CCF’s development and communications team as we navigate a path toward continued growth and enhanced services for our donors, investors, and the community we serve…
“We identified two strategies to help us better steward our community insights,” explains Meg Payne Nelson, grants program manager for CCF. “First, we launched the Giving Insights forum series which we hope will inform and inspire greater and more effective philanthropy. Second, we built an intentional grantmaking strategy to enhance the impact of our own grants.”…
As we celebrate our 25th anniversary, I’m humbled by the outpouring of joy from our Catholic community. At $358 million in assets, the Catholic Community Foundation of Minnesota (CCF) is the largest of its kind in the nation, but we don’t believe that’s the true measure of our success…
Thanks to our generous donors, the Catholic Community Foundation of Minnesota (CCF) was able to grant nearly $14 million to our community in the 2018 fiscal year. We are so grateful. As we head into the holiday season and you consider your charitable giving for the end of this taxable year, please keep in mind the following information. If you […]
We’re delighted to announce Christopher Nelson as our new Vice President of Development and Donor Engagement. He will lead CCF’s development and communications team as we navigate a path toward continued growth and enhanced services for our donors, investors, and the community we serve…
At our 25th anniversary celebration in April, I used the word “electrifying” to describe the scene before me. It was an accurate descriptor. The room was abuzz with the joy and excitement of more than 800 Minnesota Catholics coming to the table. The energy sparked by that event lives on in our conversations and interactions with community members, and it’s absolutely driving…
With the April tax deadline fast approaching, Americans start to realize we maybe should have made additional charitable gifts in 2016 to receive a more robust tax deduction. The good news is, with a little planning, you can turn that realization into next year’s reality. It’s never too early to plan ways to maximize the impact of your charitable gifts and achieve a favorable tax outcome for 2017 at the same time.